I was going to retire in January of this year. I’ve decided to hang on as long as necessary. the reason is simple: I’m working from home indefinitely and no longer have to do that daily 3 hour commute.
I’m saving, in after tax dollars, over $700 a month. And that is living in an area where that is more than a monthly mortgage payment. i.e. it’s huge.
Similar here on the “No more Commute!” aspect of working from home, which I’ve been doing since mid-March. No more 35 mile/45 minutes each way, through major metropolis freeway interchanges & stressful “bad part if town” journey to my office.
Plus, my company (on-site manufacturing, programming, testing, welding, paint-line... and engineering, electrical & R&D) had a round of COVID-19 layoffs (so grateful to God I still have a job) and froze all raises & performance bonuses, so to me, WFH is that raise & bonus - at least 30 hours/month not commuting, and not filling my gas tank 1+times/week.
Unlike you though, I’ve got another 20 years until retirement.